New Fortress Energy Inc. (NFE) said it has finalized a series of LNG agreements with Mexican state electricity firm Comisión Federal de Electricidad (CFE).


The companies are developing a floating liquefied natural gas (FLNG) export hub off the coast Altamira en Tamaulipas state.

NFE has committed to deploy multiple FLNG units with regasification capacity of 1.4 million metric tons/year (mmty) each to the site. Plans are for CFE to deliver the required feed gas under a 15-year supply contract, utilizing excess capacity on the 2.6 Bcf/d Sur de Texas-Tuxpan offshore pipeline.

CFE is the anchor shipper on the 478-mile, 42-inch diameter pipeline that stretches from Brownsville, TX, in the United States to Tuxpan, Veracruz, in Mexico.

The first FLNG unit is under construction...